Yesterday I wrote about $SOPH doubling in six days and said losing 0.0021 would kill the idea. Well it lost it, and then some.
It started this move at 0.0013 on Nov 13, tagged 0.00261 on Nov 14 and today it printed 0.00122. Sitting around 0.00128 now, basically right where the whole thing began.
Volume tells the story. 21.9M USDT traded on Nov 14, the biggest day by far in over a month, then 13.6M today on the way down. A lot of people bought the top of that candle.
Only thing left on the chart is 0.00118, the low from Oct 30 and Nov 8. It held twice before. A daily close under it and there's no floor I can point to. Holding it just means back in the old range, nothing more.
It started this move at 0.0013 on Nov 13, tagged 0.00261 on Nov 14 and today it printed 0.00122. Sitting around 0.00128 now, basically right where the whole thing began.
Volume tells the story. 21.9M USDT traded on Nov 14, the biggest day by far in over a month, then 13.6M today on the way down. A lot of people bought the top of that candle.
Only thing left on the chart is 0.00118, the low from Oct 30 and Nov 8. It held twice before. A daily close under it and there's no floor I can point to. Holding it just means back in the old range, nothing more.
